REGISTERED COMPANY f4uMBER: IIW6786 ffngland and Wales) REGISTERED CHARITY NUNIBER: 1203689 REPORT OF THE TRUSTEES Af4D FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 FOR MINERVA ARTS & WELLBEING RNrr Ri￿h￿sTerS Accountants and Business Adviw Finchale House Belfflont BLLsiness Park Durham DHI ITW mIh￿RvA ARTS & WELLBEING CONTETr4TS OF TEIE FITr*ANCIAL ST ATEMEP4lS FOR THE YEAR EP*DED 30 JUNE2024 Page RetKbrt of the Trustees Independent Examiner's RetM)rt StatemeDt of Financial Activities 14 Balance Sheet 15 Notes to the FinAneial StatetDeDts 16 u) 24 Detsikd Statement of Financial Activities 25 to 26 MINERVA ARTS & WELLBEING TRUSTEES, ANNUAL REPORT ST FOR THE PERIOD OF I JULY 2023 - 30 JUNE 2024 The directors, who also serve as Irusiees of the charity under the Companies Aci 2006, subtnil this report alongside the charity'.% financial staiements for the year ending 30 June 2024. The trusiees have followed the guidelines ouilined in the Accounting and Reporting by Charities.. Statement of Recomtnended Practice, align¢d with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). effective from 1st January 2019. This report details the work and financial activities c￿Tled out by the charity for the year ended 30 June 2024. Objectives and Activities The summary of the purposes of the charily as set out in the goveming docutnent are: The advancement of high standards of arts education in the community. including ihe promotion of crafts and craftsmanship, local arts groups including cott]munily education, lifelong learning and the development of skills and understanding. To promote social inclusion for the public benefit by using the arts io pTevent people becoming socially excluded and i88lSting them to integrate inlo sociely. For 50CLal exclusion in this case we mean. being excluded from society as a result of being a member of a socially excluded and economically deprived community. The prevention or relief of poverty in Sunderland and surrounding areas by providing.. items and services to individuals in need and or chariliLs or other organi5ations working to prevent or relieve poverty. To promote for the benefit of the inhabitants of Sunderland and the surrounding area the provision of facilitie5 for recreation or other leisure cime occupation of individuals who have need of such facililies by reason of their youth, age, infirniity or disablement, fmancial hardship or social and econoJnic circumstances or for the public at large in the inieresis of social welfare and with the object of improving the condition of life of the skid inhabiiants. The summary of the main activities in relation to th08e purpose5 for the public benefit are: arts and wellbeing service5 including ceramics. fused glass, home fragrances, bkiik, iexliles, floristry and additional crafi-based aclivilies that are designed to improve wellbeing, mental health and promote inclusive leaming opportunilie5 amongst individuals in need of support. Public Benefit The Trustees have had regard to the guidance and legal duty as issued by the Charity Commission on public benefit. The irnstees are satisfied that the charity delivers a public benefit and they play an aclive role in deiennining which provision will be presented io the public to ensure all new and existing aciivilies serve a public benefit. Contribution made by Volunteers The contribution n]ad¢ by volunteers- Volunieers receive Iraining in $2feguarding and work alongside oiir full and part-lime staff to support Ihern in their duties and assist the communities we serve. Additionally, our volunieers are trained in Pievent and WRAP, and the charity obiains an enhanced DBS certificate for each volunteer in the oroanisation. Over the Ixst year. three of our volunteers have secured jobs through our support and developmenl network, with an additional volunleer Éeiiing up their own business and now engages with the charily in a biisiness capacily. These sUCCeSS Stories of our volunteers show thai we are succe8.%fully delivering on the aims and objeciives of the charity. MINERVAARTS & WELLBEING TRUSTEES, ANNUAL REPORT FOR THE PERIOD OF I- JULY 2023 - 30- JUNE 2024 Achievements and Perforniance Statement from the Chair This past year has presented a series of profound challenges, not only for our organisation but also for the wider community we serve. We have had lo confront the escalating cost of living crisis that has Impacted people significantly. The sharp inCr&￿e in energy prices, housing costs and everyday necessities has placed immense pressure on individuals. families and organi5ations alike. This economic strain has impacied those who rely on our services and has brought additional challenges to our operations as we work io maintain stability and continue providing vital support. In the face of these difficulties, our Board of Trustees. senior management team, tutors, project leads and volunteers have displayed exceptional comjnitment and resolve, working collaboratively to ensure our services retnain accessible and responsive. Despite the heightened demands and rising cosis, we have managed to sUp￿rt more people than ever before, thanks to the steadfast dedication and professionalism of everyone involved. This resilience has been instrumental in enabling us to continue m￿tIng the growing needs within OUT community. The Board of Trustees has played a cnEcial role in guiding the organisation through these testing times. Working closely WTth senior management. the IK)ard has provided diligent oversight and strategic direclion, rigorously monitoring fmances. scrutinising expenditures and developing proactive measures to mitigate f￿anCIal risks and enhance the charity's long- lenn .8usiainabilily. This focused and prudent approach has allowed us to maintain a solid foundation, even as we face the pressures of rising operational costs. The senior tnatlagement team. tutors and project leads have also shown Temarkable focus and adaptability. Through careful monitoring of our objeciives, diligenl support of staff and volunteers and commitment to perfonnance, they have enabled us to stay aligned with our strategic goals. Their dedication has not only ensured that we meel our targets but also laid the groundwork for future resilience in an uncertain funding environment. By continually reviewing and updating policies, the charity 1.8 able 10 maintain compliance with regulaiory requirements. uphold besl practices and operate in a manner that safeguards the integrity of our work. Our volunteers have been invaluable in sustaining OUT services durÉng this lime. Their selfless conlribiilions of time. ener2>' lind emp1< ihi, are <1t the heart of oiir operations. The! embodv the spirit of oiir organisaiion, bringing wamith and compassion lo their roles and creating an inclusive and supportive environmeni for those who turn to us in times of need. As we continue to navigate these challenging limes, OUT focus ren￿1Th5 on delivering meaningful, positive impaci in the lives of our beneficiaries. We are committed to strengthening our partner.ships with funders and oiher organisations whose support is crucial to our success. These relaiionships provide viial siabilily and allow us to plan ahead with confidence. Together, we are noi only meeting immediaie needs bul also building a secure and siislainable fuiure for our organisation and the community we serve. On behalf of the Board of Ttusiees. l extend my deepesi apprecialion lo everyone who ha conlribLiied to our Lchievements this pasi year- our Iruslees. staff, volunEeers. beneficiaries, funders and partners. Your ITUSI, dedicaiion and resilience have been the cornersione of our MINERVA ARTS & IVELLBEING TRUSTEES. ANNUAL REPORT 5T FOR THE PERIOD OF I JULY 2023 - 30- JUNE 2024 progress. With your continued suppon, l am confideni that we will overcome the challenges ahead and continue to ￿ake a lasting difference within our comtnunity. Statement from the Chief Executive Officer The past year has been one of both signifiLani challenges and remaTkable growth. underscoring our resilience and committneni to making a lasting impact on the comtnunilies we serve. In response to the ongoing cost-of-living crisis, we are proud to have extended our support to over 3.500 individuals. broadening our reach across County Durharn, Gateshead, Northumberland. Sunderland and beyond. This expansion has not only been a reflection of the increasing dernand for our services but also a testament to the dedication and hard work of our staff, volunteers and con]munity partners. whose collective efforts have made thi5 possible. The rising demand for our services highlights the vital role we play in the lives of many. particularly those who are n]osl vulnerable. Meeiing these needs has required not only resilience anil adaptability bul also an unwavering commitment io delivering high-quality support in an ever-changing environn]ent. Our ieam has consistently gone above and beyond. rising to the occasion with compassion, creativily and professionalism. The strength of our organisation lies in the collective spirit of those who coniribule their time and energy, and it is their dedication that allows us to continue our work. despite the many obstacles we face. We are deeply grateful for the guidance and support of our Board of Trustees, whose expertise has been invaluable in shaping our direction. Their steadfast commitment his enabled us lo reach isolated individuals, provide essential companionship to those Struggling with loneliness and engage with hard-lo-reach groups. Through their leadership, we have been able to forge meaningful connec(ions that have enriched both our community and the work we do. The Board's continued trust in our vision has allowed us to innovate and adapt, ensuring that our services remain relevani and impactful. Central to our success is Ihe spirit of collaboration that exists between our OTg2nisalion, our dedicated team, our volunteers, our community partners and the genero￿$ funders who siipport us. We would like to extend our heartfelt thanks to each and every individual and organisation that has been part of this journey. To our skilled Staff, whose experti.se and pas.%ion have been evident in every aspecl ol our work. to our volunteers, whose selflessness and commitrneni have touched countless lives; and 10 our comrnunity partners, who have been crLicial in helpinu lis expand our reach and impaci your contributions are immeasurable. Together, we have made significani strides towards strengthening our services. deepening our connections and creating lasling posilive change. We also wish io expre55 our sincere gratitude io the funders and ￿ant givers whose generosity has made our work possible. Their unwavering support has not only provided (he financial iesoiirces we need to deliver our services bui has also given us the confidence 10 expand and evolve our services 10 meel Ihe growing demands of Ihe con)munilies we serve. Their belief in OLir mission is a source of inspiration and we are iruly appreciative of their continued partnership. As we refleci on the past yeJr, we are filled with deep apprecialion for all those who have played a i'ole in OLir success. From the leadership of our Board 10 the tireless efforts of our staff and volunieers, from the %LlPPOrt of our funders 10 the warnith and engagement ol the MINERVA ARTS & WELLBEING TRUSTEES, ANNUAL REPORT FOR THE PERIOD OF I- JULY 2023 - 30- JUNE 2024 communitie5 we serve-each of you has played a viial part in making this year a tNIy transforn]ative one. We are grateful for your ongoing suppon and commitment as we continue to move forward in our mission to creaie posilive, l&sting change in the lives of those who need il most. Together, we look towards the fllture with optimism, knowing that our shared vision and collective efforts will conlinue to shape a brighter Lomorrow. Engaging with Learners and Beneficiaries This year, we have had the opportunity to support over 3.51K) individuals across the North East of England, covering areas such as County Durham, Gaieshead, Newcastle upon Tyne. Northumberland and Sunderland. This expansion reflects the incr&qsing demand for our services and the growing recognition of the need for support within these communities. Not only have we supported existing beneficiaries in these geographical areas but we have also supported many new individuals who needed our support for various reasons including mental health sUPPOrt. companionship and access to winier ￿e1 packs. The following 15 a sutnmary of the beneficiaries who have ac￿Sed our services: Returning Beneficiaries - 2795 Newly Engaged Beneficiaries - 618 Referrals Received by the Organisation - 176* *Note'. We welcome self-referrals, meaning individuals can aecess our service5 directly without needing a referral from an exiernal body. We aIso accepl referrals from cotnmunity partners, local authorities and organisations operating outside of the sector. Ai Minerva Arts & Wellbeing, we strive lo reach a broad spectrutn of individuals facing different challenges, including menial health difficulties. wellbeing needs. isolation, and loneliness. We work with a diverse range of people, including members of the LGBTQIA+ comtnunily, Black, Asian and Minority Eihnic groups. children. the elderly. individuals with physical and leaming disabililies, refugees, asylum seekers. care leavers. unpaid carers, Survivors of domestic violence, individuals living itTr deprived areas. ex-offenders and those at risk ol being socially excluded. Our work is not restricted to the above groups only 2nd we engage with any individual who requests our support. We ensure that anyone in need can acce55 our services. whether tl)rough self-referral or via referrals from OLir extensive network of third-sector partners. which includes Ihe Voluntary and Community Sector Alliance, GPAlliance, mental health charities, foodbanks, domestic abuse shelters, cultural organisations. schools, NHS. care providers, wellbeing hubs and local authorities. As was the case in the previous year, our research over this period highliohied thxt menial health issues such as depression. anxiety, feelings of loneliness and isolaiion and %lress related illnesses are the primary reasons individuals engage with our services. Addilioiially, financial stress. housing inslability and food insecurity are critical factors exacerbating these concerns. Over the previous 12 months, we have ￿'ItnesSed the highe.st demllnd to date for our food provision as more and more people have been impacied by the eost-of-living crisis. The niimber of people we have provided food parcels lo for this period increased by 114CIo. MINERVA ARTS & WELLBEING TRUSTEES, ANNUAL REPORT ST FOR THE PERIOD OF I JULY 2023 - 30- JUNE 2024 Achievement and Performance- Continued The demographic breakdown of those accessing our services is 2s follows: Sex Male Female Prefer not to say 16% 81% Age 0-17 18-25 26-40 41-60 14% 41% 27% This year, the Trustees and senior management t&qm have worked together lo implement targeted straiegies aimed at increasing engagement from two specific groups- males and individuals aged 18-25. These strategies have been successfu]. as we have seen an increase in both demographic.8 acce.ssing our services. We JTe encouiaged by this progress and remain committed to building on Ihese efforts. The collaboration beiween the Tn]stees, senior management, staff. volunleers and communily partners has been instrumental in ensuring these goals are met, and we will continue to focus on expanding our reach and improving inclusivity across all groups. Minerva Arts & Wellbeing is dedicated to broadening access lo educaiional and creative opportunities that support mental health, enhance wellbeing, and enrich cultural understanding. Through our prograTnmes, we aim to offer exteriences and skills that may otherwise be oui of reach for Tnany individuals. To ensure we deliver genuine public benefit and foster p05ilive outcomes. each participant engages in an inforn]ation. advice, and guidance {IAG) session with our expert lutors. Additionally. every beneficiary compleies an Individual Learning Plan (ILP). which allows us 10 identify their needs, sel per50nalis¢d SMART targets and objectives, and closely Tnonitor progress. This approach helps us provide tailored siipport and timely inlervenlion5, maximisinLV the benefit of oiir service5 foT each person. Throughout the p&%t year. we have offered a wide array of taster sessions. short courses and extended programtnes across a variety of disciplines. These include ceramics. fused glass, batik. home fragrance ereaiion. self-care produci.8, floristry. lino priniing. macrame, waiercolour painting, general crafts, sewing. ouid(M)r pursuits. yoga, cookery. plant propagation and upcycling. While participation ID ail.8 activities brings enjoymeni, we are committed lo ensuring our services lead lo real, lasting and posilive change. Our prooramme% are carefully designed io enhance the mental health, ￿,elIbelng. skills and knowledge ol those we %erve. We lake a holisiie cipproach, working alongside beneficiaries (o identify how our offerings can Tneaninofully impact their lives. providing support in tackling any challenges Ihey face. Our MINERVAARTS & WELLBEING TRUSTEES, ANNUAL REPORT ST FOR THE PERIOD OF I JULY 2023 - 30- JUNE 2024 services aim lo improve praciieal Skills, employability, and self-confidence. Over time, this provision has empowered individuals to establish new friendships, enga 176.497 363 10.1 52,717 252 Total 256511 157,978 414,489 274.034 EXPENDITURE ON Charitsble activities Arts education and wel[￿lA8 projects 174.027 145528 319555 329,014 NET INCOME1{E￿EI+￿llTuRE) 82.484 12.450 94,934 (54,980) RECONCILIATION OF FUP4DS Total broughi forward 23.659 15.IKX> 38,659 93,639 TOTAL FUNDS CARRIED FORWARD 106.143 27.450 133.593 38,659 The note5 fom part of these financial statements 14 MINERVA ARTS & WELLBEING BALAINCE SHEET 30 2024 2024 Total lunds 2023 Total fund5 Unrestricted Resiricted funds Noies FIXED ASSETS Tangible as5etg 12 7.868 7.868 11,766 CURRENT ASSETS Debiors C&sh at bank and in hand 4.337 I JO.532 4,337 137,982 23,116 18,429 27,450 114.869 27.450 142.319 41545 CREDITORS Amounts falling due within one year 14 {16J94) 116.5941 {14,6521 NET CiJRRENT ASSETS 98.275 27.450 125,725 26,893 TOTAL ASSETS LESS CURRENT LIABILITIES 106.143 27.450 133.593 38,659 NET ASSETS I[￿,143 27.450 133,593 38,659 FUNDS Unresiricted funds Restricted funds 15 106.143 27.450 23,659 15,0(Xl TOTAL FUNDS 133.593 38.659 The charitable company is entitled to exempiion from audit under Section 477 of the Companies Act 2006 for the year ended 3Q June 2024. The members have not Tequired the company io obrain an audit of its financia] stsiements for the y￿eTrded 30 June 2024 in acL()rdance wilh Seciion 476 of the Companies Act 2(K)6_ The trustees acknowledge iheir responsibilities for ensuring thai the charitable Lompany keeps accowiting recoids that comply with Sec(ions 386 and 387 of the Companies Aci 2(Xh5 and piepillin¥ Iin(IlliiAI btdttnientb whiih ¥ive 41 (rue 4llKI fd. ir view of tlie uf ¢ilfdIr￿ ul tl)e il)(Ii'iiable iL>IIIPdny al the end of each financial Ye(￿ and of ils surplus or deficit foi each financial yeai in accordance with the requirements of Sections 394 and 39) and ￿th]Ch otherwise cnmply Ihe tequiiements ol the Companies ALt 2(X)6 rtlaling io financial staiernents, sts far as applicable io the charitable company. {b) The%e financial staiements have been prepared in accordatKe with the piovisi(Trn5 applicable 10 charithble compdtiies subject to the 5llfdll companies regitne. The financial statements were approved by the Board of Trusiees and authglised for issue on 28 November 2024 and The notes lorni part of these financial Statements 15 MINERVA ARTS & WELLBEING r4oTES TO THE FD4ANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2Tr24 ACCOiJNfiNG POLICt&s Basis of preparing the f￿*￿£181 Staten￿nts The f￿ancIal statements of the charitable company, vthich is a public be￿fil entity under FRS 102. have been prepared in accordance with the Charities SORP IFRS IIY2) 'Accourting and Rewrting by Charities.. Statement of Recomrnended Practice appliuble to charicies preparing their 2£WUDts ill accordance with the Financial Reporting Standard applicable in the UK and Republic of Irelattd (FRS 1021 (effective l January 2019),, Fillkncia] Reporting SÈandard 102 The Financial Reporting Sthndard applicable io UK alld Republic of tJe12nd' and the Companiss Act 2006. The F￿anCIal sthtements have been prep8ttd uNl¢t the historical cost convention. Critical accountiDg estirjaates and areas of judgement Estimates and Judge￿£￿tS are continually evaluated a[￿ are based on ILi%torical experience and other factors, including expectations of future events that are believed io be reasonabk Ullder the circu]nstances. Critical accounting esti￿￿eS #t￿ assuwtions: The charitable compally Jnakes estirnates and ￿SUmptionS cOncerlli￿g the future. There are no resu]ting accounting estiTDates and a5swnptions that have a significaut risk of cawillg a ￿atE[la1 adjustll￿t (o the caTrying amounts of assets and liabilities within the next financial year. Critical areas of judgement.. Depieciation- tkpreciation is calculated so as to ￿TIte off the cost of an a55e( less its tesiduaI value. over the econotnic life of tbat asset. An estimate of the useful life of the assets isdetailed in the depreciation policy. Income All income 15 retognised in the State￿Ie￿I of Fmancial Activities tr[￿ tbe ¢barity has entitlernent to the fuuds. it is probable that the income will be received and the aomiuni can ￿tas￿red reliably. Expenditure Liabilities are recogmised as expenditllre as soon as there is a legal or constructive obligation committing the charity to that expenditure. it is probable that a transfer of economic benefits will be required in settleTrenl and the amount of the obligaiion can be rn￿ured reliably. Expenditure isaccounttd for on an acciua]s basig 2nd has been classified under headings tbai agwgate all cosi related (o the caiegory. Where costs cannot be dite£ily attributed to parti¢uIar head]￿tr$ they have been all(￿a￿l to activitiCS Im a basis consisteot with the use of resourc￿. Tangible fLxed awts Depreciation is provided at the following amiual rates in order to ￿lteoff each￿el0Ver its esttn)ated useful life. Plant and machinery FixtuTrs and fillings 20% on reduc]￿￿￿ balallce 33% on cost Taxation The charity is exemw from cortK)ration tax on its charitable activÉties. Fund 2ccounÈiDg Unrestricted fun(ts can be used in aCcOrd￿￿e with the eltsritable objectives at the discretion of the tn]stees. Restricted funds can only be used for particular restticted PUTposes With￿ the objects of the charity. Restrictions arise when specified by the donor or when fun(Ls ate Fkhsed loF partie￿ar restricted purposes. Further explatwtion of the nature and purpose of each fund is included ID the ￿)leS w the financial statements. Pension costs and other wbst-retirement benefits The charitable company operates a defined contribution pension 5chetn£ Coniribuiions pa}'able to the charitable ctsmpany's pension scheme ate chatged io the Statetnent of Financial Activilies in (he petiod to ￿￿ich they relate. 16 continued... MINERVA ARTS & WELLBEING NOTES TO THE FINAINCIAL sTATE￿IE￿I￿[s. continued FOR THE YLAR ENDED 30 JUNE2024 DONATIONS AND LEGACIES 2024 2023 Ik>nations 4,651 OTHER TRADING AcfiviTIES 2024 2023 Workshops Ren(&l income receivable 174.553 52.717 176.497 52,717 INVESTMENf INCOME 2024 2023 DeEK)sii account interest 363 252 INCOIIIE FROM CHARITABLE ACTIVITILS 2024 2023 A￿]vity kns education and urllteing projects Grants 222,978 221,065 Grants received, included in the atK)ve. are as follows: 2024 2023 Arnold Clark Automoiive Atis Council Engla￿1 Other grants The Naiional tx)ttery Community lund GMBC The Naiional inttery Herithge fund Sunderland City CounLil The Bartx)ur Foundation Coalfields Neighknuthood fund Washington Cookery Neighh)urhood fund Washingion Kid% Neighbourhood fu￿1 The UK Shared Prosperity Fund The BerniLia Foundaiion Garfield Weston c0￿mUnitY Foundation Tyne and Wear Foyle Foundation The SiT John Priestman Charitable Ttust 2.8(K) 25,2(K) I0,￿K) 55,1MK) 30,(MX) 6,448 8,256 25.1 61,(KKI 53,606 15.(JX) 20,0(J) 30.359 25.574 IU,thK) 20.IKK) 10.IKKI 20.IXJI 222,978 221,065 17 continued... MINERVA ARTS & WELLBEING NOTES TO THE Fif4A.NCIAL STATEhlENfs. continued FOR THE YEAR ENDED 30 JUNE 2024 CHAIUTABLE ACTIVITIES COSTS Support costs {see note 7) Dtrect Costs Totsls Arts education and wrllbeing projects 262.332 57.223 319J55 SUPPORT COSTS Govemance costs Management Totals Arts education and wellbeing projects 46,436 10.787 57,223 NET Ih'COMFJ(EXPENDITURE) Nei incomellexpenditure) is Stated after chargtnyJ{credtting)= 2024 2023 Depreciation- 0￿￿ed assets Independent Exdminer- Independent ￿aMInal10n costs Independent Exarniner- other 5,103 1,950 3,6 6.967 TRUSTEES, REMUNERATION AND BEP*TFITS Trustees. expenses There were no irustees, expenses paid for the year ended 30 June 2024 N>r for the year el￿ed 30 June 2023. io. STAFF COSTS 2024 2023 Wages and salaries Othei pension costs 178.023 4,287 153,257 3,243 182.310 156,5(K) The average monthly nuTnber of employees during the year Wds as follDMB= 2024 2023 Employees Na etnpl()yees received emolufflents in excess of £60.￿K). Key mar￿geMent Personnel compensation in the year to 30 June 2024 was £97.133. (2023-. £W,IK)01 18 coniinued... MINERVA ARTS & WELLBEING NOTES TO THE FINANCIAL STATEMENTS. continlled FOR THE YEIiR ENDED 30 JUNE 2024 ii. COMPARATIVES FOR THE STATEMENf OF FINANCIAL ACTIVITIES Unrestticied fuThl Restricted funds Tots] nds INCOME AND ENDOWMENTS FROM Charit#ble Activities Arts edu¢4Ltion and wellbeing projects 142.259 78.806 221.(￿5 Other trading aciiviiies Investment income 52.717 252 52,717 252 Total 195.228 78,81 274,034 EXPEM)ITURE ON Charitablc actilities Arts education aDd wellbeing projec 245,208 83,8 329,014 NET INCOMEI{EXPENDITURE) (49.980) {5.C(K)I {54,9801 RECONCILIATION OF FUNDS Toial funds brought furward 73.639 20,(AX) 93,639 TOTAL FUNDS CARRIED FORIVARD 23,659 15,IKKI 38.659 12. TANGIBLE FIXED ASSETS Fixiures and fitiings rfiachinery Totals COST At l July 2023 Addilions 15,284 20.269 1.205 35,553 1,205 At 30 June 2024 15.284 21.474 36,758 DEPRECIATION Ai l July 2023 Chiirge lor >'e 9,118 14,669 i,561 23,787 5,IU3 At 30 June 2024 10,6(K) 18,230 28.890 NET BOOK Tr'ALUE At 30 June 2024 4.624 3.244 7,868 AI 30 Jllne 2023 6.166 11,766 19 continued... MINERVA ARTS & WELLBEING NOTES TO THE FINAliCIAL STATENIENTS- abntinued FOR THE YEAR ENDED 30 JUNE2024 13. DEBTORS: AmoUTr￿S FALLING DUE WITHtN ONE YEAR 2024 2023 Trade debtors Other debtors Ptepayments 12.036 4,780 6.31K> 3.217 1.120 4.337 23.116 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors VAT Other creditors Accrued expenses 1.086 11.546 752 3,210 526 10530 1,750 16.594 14.652 15. MOVEMENT FUNDS Ne( movement in funds At 30.6.24 At 1.7.23 Unrestricted fuDds General fund 23.659 82,484 106,143 Restricted funds National Heritage Sunderland City Council The Naiional Lotiery Community Fll￿1 The Bernicia Foundarion Community Foundation Tyne and Weat 15,IXX) {15,(XKTr) 850 15.tKKI 850 15.( 5,IK)O 6,600 15,(KK> 12,450 27,450 TOTAL FUNDS 38.659 94,934 133J93 20 continued... MINERVA ARTS & WELLBEING NOTES TO THE FINANCIAL ST ATEMENTS . continued FOR THE YEAR ENDED JO jU￿E 2024 15. MOVEMENf IN FUNDS . eontinued Net movement in funds, Includ￿ in the aFM)ve are as follows- I￿o￿lA8 ResouTces rtsollr￿ expended Movement in futkls Unrestrieted funds General fund 256511 (174.0271 82.484 Restricted funds Arts Council England National HeTitage Sundeiland City Council GMBC The UK Shated Prosperiiy Fund The National tnttery Communiiy FuThJ The Bernicia Foundation Community Foundation Tyne and Wear The Sir John Priestman Chatiiable Trusi 2.8(fJ 6,448 13.156 30.(K 25574 55,(K 10,(K 10,(K {2,8(K)I 121,4481 112.3061 130.IXJ)) 125,5741 140,IXM)I {5.IXX)I (3.4(M)I {5.(KM)I 115,OtK)I 850 15.0(K) 157.978 (145528) 12,450 TOTAL FUNDS 414,489 (3195551 94,934 Comparative5 for movement in funds rnovemeni in funds At 30.6.23 At 1.7.22 Unrestricted funds General fund 73b39 {49.980) 23.659 Restricted funds National Heiitdge 20.(KKI {5.IKK)) 15.(KKJ TOTAL FUNDS 93,639 54.9801 38.659 Coniparaiii'e net tno%"etneni in I"unds. in¥luded in the aboN"¢ ate as follo￿5.. I￿0]￿]ng itsources Resources expended Movement in funds Unrestricted funds General tund 195228 1245.2081 149,9801 Restricted funds Atis Council EDgland National Heriiaoe 2521K) 53,6 125.21N)} 158.6061 5,(KKJ} 78,8¢ 183.8061 15,(ffX) TOTAL FUNDS 274,OM (329,0141 154,9801 21 conrinued... MINERVA ARTS & WELLBEING NOTES TO THE FINAPICIAL STATEMEIJTS. contioued FOR THE YEAR ENDED 30 JUE*E 21)24 15. MOVEMENT IN FUNDS. contiDued A current yeat 12 tnonths and prior year 12 mnths cornbined position is as follows- Nei movemeni in funds At 30.6.24 Ai 1.7.22 Unrestricted fullds General fund 73,639 32,51M 1(kn,143 Restricted fuDds National Heritage Sundeiland City Council The National Lx>ttery Communiiy FUJYJ The Bemicia Follndation Conllnunity Fourylation Tyne and Wear 20.(KX) {20.Im) 850 15.(KKJ 850 15,IMX) 20.IXX) 7.450 27.450 TOTAL FUNDS 93.639 39.954 133.593 A current year 12 tnonth5 atKI prior year 12 monihs combined movement in funds. ]￿luded in the alx)ve are as follow5.. Resources extt]xled Movemeni in funds resollr￿s Unrestricted funds General fund 451.739 (419235) 325( Restricted funds is Council England Naiional Heriiage Sunderland City Council GMBC The UK Shared Prosperity Fund The Naiional Lottery CollulluDity Fund The Bernicia Foundation Community Foundation Tyne and Weat The SIE John Prie5tmaa Charitable Ttust 28.(MX) 1)0.054 13,156 30.0(K) 25.574 55,0(K> 10,1 10,rMx) (28,(KK)I (80.0541 112.306) 130.(KKI) (25574) 140.IKKI) 15,(XKI) 13.4(Xl} 15.(KX)I (20.rx)o) 850 15,fxKI 6.6(KJ 236,784 {229.3341 7,450 TOTAL FUNDS 688523 {fA8.5691 39,954 Sunderland CC This project successfully delivered fun, educaiional actLVlties foi early years children in Coalfields during school hnlidays, promoting inclusion and skill development. The activities focused on funciional ski115 in maths, English and digital iechnolo(ry through creaiive and outdooi se5sion5. while aiso fosiering confidence, social skills and environmental awareness. We worked with children from aieas of high deprivation. ieducinq barriers ro partiLipation. Aclii'itie% included naiiire exploiation. eeiatnic craf15. healih}' eating tducalion. bird feeding. Easier egg hunis and Se￿onal craf￿. all designed to inspire creativity. active lifestyle5, and environtnental stewardship. 22 conrinued.. MINERVA ARTS & WELLBEING NOTES TO THE FINAE*CIAL STATEIIENfs- continued FOR THE YEAR ENDED 30 JUPIE 2024 15. MOVEMENf IN Fuf4DS. tolltinued The piogrdmme engaged 80 childien across age gtoups14-7 and 8-11) in small. inclusive gioiips, SUPPOTted by DBS-cheLked and trained tutors. He4Llthy snacks were provid￿ and children were connected 10 l(Kal OTntnunity groups. enhancing their overall Well￿l￿g. The National IA*ttery and Comrnunity Fund Department for Cvl¢ure Medi¥ and s￿)rt (DCMSI With the support ol the National Luiieiy and Comrnunity Fund and I￿MS. we delivered a trdnsfoimative Cost of LI￿ng suppvrt progtamme eatliu in 2024. The project engaged over 3(K) individuals experiencing acute )verty and deprivation. tnany of whom were pro[out￿lY irnpacted bythe costof living ciisis and social isolation. Through this initiative. we f05tered resilience ID the COTnmUDlty by offering immersive arts activities. a safe and inclusive waim space to learn and conneci with others. access to essential f(MxI items and tailored budgeting skills support. This approach not only irnproved f]nancial citcumstallce5 for participants bllt ￿$9 promoted long-ierni engagetnent through volunteering and other meanangful opwirtuni(ies. The National Lottery CotDtnuDity Fulld We successfully deliveied a wellbeing project in Su￿de[la￿d aitned ai SUP￿)n)ng BAME aT¥I E&steTn European individuals through a seiies of engaging activities and skill-bui]ding workshops. The Project focused ota fosteiing communiiy integratiaD and ernpoweiing Participat￿ to ovetcon* challenges such as language baryiers, cultural differences and feeling5 of isolation. Throughout the project. we worked closely with illdividuals who wete experiencing significant challenges, including a lack of safety and a sense of di5coDIiection frorn theit local communiiy. By providing a welcotning and supporiive environment, we encouraged participants to build collfidence and establish new connections. The pmjeci offered a variety of activities, including art5 and ciafi5 scssions thai allowed paflicipants to express themselves creaiively, share their culiural herithge and dei'elop new skn115. We also delivered (unciional skills development workshops, focusing OD essential areas such as English languatse supw)n. numeracy and IT skills. In addition, tailored CV ￿Titing sessions were provided to help participants impmve their employability a￿1 take steps towards securing susthi]Mble employment_ Thruugh these activities. we helped panicipants develop praciical skills and build a sense of belonging within the Sunderland coltllnunity. Many aiiendees rewned feeling more cOnf￿ent a[￿ less isolated. a[￿ they expressed appieLiation for the opwrtuniiy 10 connect with oiheTS who shared sirnilar experiences. The project highlighted the iM￿nanCe of undersianding and addressing the Unique challenge5 faced by BAME and Eastern European communities. By working rogeiher. we supporteLf individuals to overcome obstaeles and create pathways towards gteatei inLIusion. safely. and personal developmeni. Bernicia Foundalion We worked with foimer offenders ftom across Northumberland. North Tyneside, Sunderland. Gateshead and County Durham wtho were re5tdents at Pennywell Probaiion Hosiel. supp)rting their reintegration inta the community following, in many cases, yeaT5 of incarceration in Category A prisons. We successfully worked with two cohorts of fotll*r oflendets (apptoxirnately 42 individuals in total), delivering engaging and praciical skills-developrnenl progranllning. These sessions, held one day per week for each cohort. focused enhancing panicipanis. funcii(Trnal tnaths. English and digit￿ Co￿petenc1e$. We provided access to our di(Tjliil equipmeni and supwned participants I￿ developinti their CV%. identifvinti their skills and irnprovino iheir etnployability. The sessions were designed to be hands-otL immeisil'e. PTaclical and engaging. offering a vaTiety of